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ECOBANK ordered to pay N1,086 billion to 1,742 former Oceanic bank staff gratuities, savings  

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The National Industrial Court, Lagos Division has ordered Ecobank Nigeria Limited to pay the sum of N1, 086,611,589.11 to 1,742 ex-staff of Oceanic Bank who were denied their legitimate entitlements by the banks.

Honourable Justice R. A Gwandu gave the order while delivering judgement in Suit Number NIC/LA /231/2012 filed by 1,742 ex-employees of defunct Oceanic Bank which merged with Ecobank Bank Limited sometime in 2012.

In the representative action suit filed by Mr Nwabu Okoye, counsel to Mr Babajide Bayode, Yemisi Adesote, Adeboyejo Oladimeji, Seun Aina, Yusuf Kadiri, Segun Alasan, Adetayo Familugba and Lolade Olaribigbe who sued for themselves and as representatives of 1,733 other ex-employees of Oceanic Bank now Ecobank Nigeria Limited, the plaintiffs sought for the following orders from the National Industrial Court :

An order directing Ecobank Nigeria Limited to pay the outstanding sum of N1,146,470,393,.62 being the sum total of their savings in the Staff Savings Investment Trust Fund, SSITF, scheme contributed by 1742 ex-employees of Oceanic Bank made up of those transfered to Ecobank upon merger of the two banks through the merger of February 15, 2012 and those whose employment were determined before or upon the said merger which remain unpaid till date.

The claimants in their statement of claim said the amount outstanding as their contributions to the SSITF scheme which the defendant (Ecobank) has refused to pay till date stands at N926,901,065,.60 .

Claimants also asked the court for an order directing Ecobank to pay the sum of N159,710,523.51 being the total sum due as gratuities to 48 of the claimants and another sum of N59, 858,804,.51 being the short payments of severance or redundancy paid by the defendant to 74 of them.

The court was further asked to grant an order directing Ecobank to pay 22 percent interest per annum on the aforesaid sums of money being claimed from February 15, 2012 until judgement and thereafter at the rate of 12 percent per annum until the liquidation of judgement sum.

However, Ecobank through its lawyer, S.C Arubike filed a statement of defense to the suit as well as counter- claim.

Ecobank in it’s counter- claim demanded for the sum of N967,529,765.38 being the excess of severance and or redundance benefits paid to the ex-staff of Oceanic Bank, that is, the claimants at 24 percent interest from October 30, 2014 until any judgement is delivered in it’s favour.and interest of 10 percent untill the judgement sum is fully liquidated.

The bank also counter-claim for the sum of N225,724,076,.78 being the excess gratuities and entitlements paid to the representative members by Ecobank, another sum of N1,541,491,955.03 being the sum outstanding and payable as at October 30, 2014 on credit facility granted to the representative members of the ex-staff.

The defendant further counter- claimed the sum of N41,640,000,000 being the amount due and outstanding as at December 31,2010 on the Term Loan of N25,054,481,701.00 granted by Oceanic Bank (now Ecobank) to the former employees through the Board of Trustee of the Trust Fund which facility was accepted and fully utilized by the claimants for the purchase of shares of blue-chip companies and which sum the ex-staff (claimants) have failed, neglected or refused to repay till date despite repeated demands.

The summary of the claimants’ case according to the court was that prior to the merger of Oceanic Bank and Ecobank on December 30, 2011, there was in existence in Oceanic Bank the SSITF introduced by Oceanic Bank in 2004 to encourage it’s staff to save part of their earnings towards further financial commitments and assist staff in planning for their retirement.

It was further stated that the initial minimum contribution of each employee to the SSITF scheme was N6000 per month which was in August 2005 increased to a minimum of N14,000 per month .

Subsequently in 2008 the level of contributions to the staff Fund was further reviewed upward by the bank and the review was based on the level of the staff involved, ranging from N20,000 to N50,000.

It was also stated that sometimes in May 2010, Oceanic Bank discontinued deduction of the SSITF from its employees’ monthly salaries while every staff whose appointment was terminated or resigned from the bank was duly paid his or her SSITF.

The claimants further said that by a letter of February 13, 2012 , Ecobank advised a total number of 788 employees of Oceanic Bank whose employment has been transfered to the bank (Ecobank) consequent upon the merger, that effective from Wednesday February 15, 2012 such employees’ contract of employment with Ecobank has been terminated.

Claimant stated that 697 of those whose employments were terminated are among the 788., these 697 according to the plaintiffs have unpaid claims, including non payment of their SSITF contributions among others.

It was also contended by the claimants that the calculations and payments of final entitlement to 706 out of the 788 employees whose employment was determined as of February 15, 2012 or resigned as an option under the merger with Ecobank was flagrantly violated.

After analysing the facts of the case as submitted by counsel to both parties, Mr Nwabu .A. Okoye for claimants and S.C. Arubike for Ecobank, Justice R.A Gwandu dismissed the defense and counter- claim of Ecobank on the ground that the bank failed to put credible evidence before the court to support its counter-claim.

Justice Gwandu in his judgement held that upon the consummation of the merger , Ecobank has fully acquired all the assets and liabilities of Oceanic Bank and cannot repudiate or push some of the liabilities on its employees, more so when it was the bank that was in control of the SSITF scheme.

The trial judge further held that Ecobank cannot deny that there was contributions to the SSITF or show evidence that the claimants were paid the sum they claim.

“I therefore hold that the claimants have proved their case and are entitled to the payment of the sum of N926,901,065.60 being the sum total in the account of the Staff Savings Investment Trust Fund being contributions of 1742 ex-employees of Oceanic Bank made up of those transferred to Ecobank upon the merger and whose contract of employment were determined on February 15, 2012 and those whose employment otherwise were determined before or upon the merger.

On the issue of unpaid gratuities, Justice Gwandu said: “I therefore hold that the defendants are liable to the claimants in the sum of N159,710,523.51 being the total sum due on the basis of years of service of the employees.

The judge , however, refused the plaintiffs’ claim of N59,858,804.51 being the total sum of short payment of severance or redundancy package paid by Ecobank to 74 of the claimants.

Justice Gwandu said it would be unfair for the court to hold Ecobank responsible for any lapses that may have occurred under the agreement brokered by ASSBIFI since some of the ex-staff benefited under the agreement and are happy under the same agreement more so the intervention of ASSBIFI had the consent of the ex-staff.

Justice Gwandu, granted 10 percent interest on the judgement sum from 30 days after the judgment is delivered till it is fully liquidated.

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Supreme Court judgment: Wabara-led BoT takes charge of PDP, directs staff to resume at Wadata House

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Following Thursday’s ruling of the Supreme Court, the Board of Trustees of the Peoples Democratic Party, PDP, has assumed effective charge and is expected to appoint a new caretaker committee to pilot affairs of the party.

The apex court had in its ruling, upheld judgements of the Federal high court and the court of Appeal which invalidated the November 2025 Ibadan convention as well as the expulsion of some members of the party including Sam Anyanwu and others.

By the ruling, all actions taken by the faction led by FCT Minister, Nyesom Wike, have become null and void, including the March Abuja conversation and appointment of a caretaker committee. This is in view of the fact that most of the members of the committee were among those expelled by the party.

Following the Thursday ruling by the Supreme Court, leaders and stakeholders of the PDP including governors, senators, reps members and others met in Abuja Thursday night where board of Trustees of the party took effective charge of affairs, in accordance with the party’s constitution.

Subsequently, Chairman of PDP BoT, Senator Adolphus Wabara, said the board has assumed leadership of the opposition party.

Wabara, in a statement, said the board would convene an emergency meeting of the PDP National Executive Committee(m (NEC), to appoint an interim executive to take charge of the affairs of the party.

The BoT statement reads, “It is with the utmost sense of duty and responsibility that the Board of Trustees (BoT) of the Peoples Democratic Party (PDP) assumes leadership of our great party today, Thursday, 30th April, 2026 pursuant to the empowering provisions of the Constitution of the PDP (As amended in 2017).

“This constitutional intervention of the BoT is so as not to allow any leadership vacuum at the national level of our party following judgment of the Supreme Court.

“Sadly, the Supreme Court, today delivered an unpleasant judgment against our party in which it pronounced an invalidation of the 15th to 16th November 2025 National Convention of the PDP held in Ibadan, Oyo State, which produced the Kabiru Tanimu Turaki-led National Working Committee of our Party.

“While the Supreme Court invalidated the Ibadan Convention, it also in a unanimous decision of the five justices on the panel, upheld the suspension of Senator Samuel Anyanwu, Hon. Umar Bature, Kamaldeen Ajibade as National Secretary, National Organizing Secretary and National Legal Adviser respectively from the Party.

“The implication of today’s judgment by the Supreme Court is that all actions taken by Senator Samuel Anyanwu, Hon. Umar Bature and Barr. Kamaldeen Ajibade including the appointment of Abdulrahman Mohammed as Acting National Chairman, the composition of the National Caretaker Working Committee and the conduct and outcome of the March 29th, 2026 Convention in Abuja are illegal, null and ab initio void.

“The consequential invalidation of both the Abdulrahman Mohammed-led as well as the Kabiru Tanimu Turaki-led Working Committees directly places the statutory onus of leadership of our great party on the shoulders of the Board of Trustees (BoT) as the Second Highest Organ of the Party, pursuant to the express and unambiguous provision of Section 32 (5) of the PDP Constitution (as amended in 2017).

“Against this backdrop, the BoT hereby immediately assumes responsibility of the national working leadership of the PDP as immediate constitutional remedial steps to foster genuine reconciliation, salvage, stabilize and return the party to good political health.”

Wabara added that “in the light of the foregoing an emergency meeting of the National Executive Committee (NEC), pursuant to the provisions of Section 31 of the Constitution of the PDP will be summoned to, among other things, appoint an Interim National Working Committee to take charge of the National Secretariat of our Party and pilot the affairs of the Party at the national level so as to meet all the timeline in the Electoral Act, 2026 and ensure that the PDP fields candidates and also emerged victorious in all elective positions in the 2027 general elections.

“Consequently, all staff of the PDP are hereby directed to resume at the National Secretariat of the Party under the leadership of the BoT ahead of the appointment of the Interim National Working Committee.

“The BoT commends the courage, effort and resilience of our governors, Governor Bala Mohammed and Governor Seyi Makinde, the National Assembly caucus, the National Ex-officios, the Forum of PDP State Chairmen and State chapters, the Youth and Women Wings and other organs and bodies in the PDP for standing strong for the party at this trying time.

“The BoT therefore calls on all leaders and members of the party to jettison all personal and group interests and come together as one family in the overall interest of our Party, democracy and the wellbeing of millions of Nigerians whose hope are anchored on the PDP.

“The PDP has suffered enough; the painful victims of this unfortunate episode is the Nigerian people. The time has therefore come for us to make sacrifices, sheathe our swords and embrace genuine reconciliations for lasting peace and chart a new course for our party. “

 

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Reasons AGF wants INEC to deregister ADC, others

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The Attorney General of the Federation and Minister of Justice, has urged the Federal High Court in Abuja to compel the Independent National Electoral Commission (INEC) to deregister five political parties, arguing that their continued existence violates constitutional provisions and undermines Nigeria’s electoral integrity.

In court filings, the Attorney General contended that unless the court intervenes, INEC would “continue to act in breach of its constitutional duty” by retaining parties that have failed to meet the minimum requirements prescribed by law.

The filing stressed that the right to associate as a political party is not absolute and must be exercised within constitutional limits. It further argued that it is in the interest of justice for the court to grant the reliefs sought by the plaintiffs.

The suit, marked FHC/ABJ/CS/2637/2026 and filed at the Abuja Judicial Division of the Federal High Court, lists the Incorporated Trustees of the National Forum of Former Legislators as the plaintiff.

The defendants include INEC as the first defendant and the Attorney General of the Federation as the second defendant, alongside five political parties: African Democratic Congress (ADC), Action Alliance (AA), Action Peoples Party (APP), Accord (A), and Zenith Labour Party (ZLP).

At the center of the issue in the case is whether INEC has a constitutional obligation to remove parties that fail to meet electoral performance thresholds set out in Section 225A of the 1999 Constitution (as amended) and reinforced by the Electoral Act 2022 and INEC’s own regulations.

The plaintiffs argue that the affected parties have persistently failed to satisfy the constitutional benchmarks required to retain their registration. These include winning at least 25 per cent of votes in a state during a presidential election or securing at least one elective seat at the national, state or local government level.

They contend that the parties performed poorly in the 2023 general elections and subsequent by-elections, failing to win seats across key tiers of government, yet continue to be recognised by INEC as eligible political platforms.

The plaintiffs maintain that this continued recognition is unlawful and undermines the integrity of Nigeria’s electoral system.

In the affidavit supporting the suit, the forum’s national coordinator, Igbokwe Raphael Nnanna, states that allowing parties that have not met constitutional requirements to remain on the register “is unconstitutional, illegal and a violation” of the governing legal framework.

The suit asks the court to declare that INEC is duty-bound to deregister such parties and to compel the commission to do so before preparations for the 2027 elections advance further.

Beyond declaratory reliefs, the plaintiffs are also seeking far-reaching orders that would bar the affected parties from participating in the next general elections or engaging in political activities such as campaigns, rallies and primaries. They further request injunctions restraining INEC from recognising or dealing with the parties in any official capacity unless and until they comply strictly with constitutional provisions.

Central to the plaintiffs’ argument is their interpretation of the law as imposing a mandatory duty on INEC. They argue that the use of the word “shall” in the Constitution leaves no room for discretion once a party fails to meet the stipulated thresholds.

In their written address, they rely on statutory provisions and judicial precedents to contend that electoral performance is an objective condition that must be enforced to maintain discipline, transparency, and accountability in the political system.

Attorney General backs plaintiff

In a notice filed pursuant to Order 15 Rule 1 of the Federal High Court (Civil Procedure) Rules, 2019, the Attorney General, who is a defendant in the suit, formally admitted the plaintiff’s case to the extent of his constitutional responsibilities.

He maintained that, as the chief law officer of the federation, he is duty-bound to defend and uphold the Constitution, including ensuring compliance with the Electoral Act and other laws governing elections in Nigeria.

The filing emphasised that the Attorney General’s role extends beyond litigation to preventive oversight, ensuring that laws are faithfully implemented to maintain public confidence in the electoral process. It described the case as a public interest litigation aimed at safeguarding democratic integrity and promoting constitutional observance.

According to the document, the Attorney General argued that citizens, including the plaintiff group, have the right to challenge constitutional breaches, particularly where electoral processes are concerned. He added that supporting such litigation aligns with his dual role as both a defender of the state and an advocate for citizens’ rights.

The submission also highlighted the broader implications of non-compliance by political parties. It argued that the continued existence of parties that fail to meet constitutional thresholds contributes to ballot congestion, increases the cost of election administration, and undermines the intent of Section 225A of the 1999 Constitution (as amended), which empowers INEC to deregister underperforming parties.

The plaintiff further contended that INEC has no residual discretion to retain parties that do not satisfy the constitutional criteria, insisting that failure to deregister them constitutes a continuing breach of constitutional duty. The suit warned that such inaction could be challenged through public interest litigation, as is the case before the court.

Additionally, the filing noted that the plaintiff, comprising former legislators, possesses the requisite standing to institute the action, having been directly involved in the enactment and oversight of Nigeria’s constitutional and electoral framework.

The Attorney General also underscored the importance of access to justice, arguing that his support for the suit would help bridge gaps faced by citizens seeking to enforce constitutional rights. He maintained that collaboration between government institutions and civic actors is essential to strengthening legal literacy, accountability, and democratic participation.

The Attorney General of the Federation is represented in the suit by a team of lawyers led by Prof. J. O. Olatoke, SAN, alongside O. J. David, U. O. Olufadi, D. O. Bamidele, V. D. Maiye, Waheed Abdulraheem and A. K. Abdulmumin, all of whom signed the court filing before the Federal High Court in Abuja.

 

 

 

 

 

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NHRC condemns extrajudicial killing by police in Delta community

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….The Commission wants IGP to address use of excessive force by police

 

The Executive Secretary of the National Human Rights Commission (NHRC), Dr. Tony Ojukwu OFR, SAN, has strongly condemned the alleged extrajudicial killing of a 28-year-old Nigerian, Mene Ogidi, by a police officer, ASP Nuhu Usman, on April 26, 2026, in Efurun, Uvwie Local Government Area of Delta State.

In a statement issued in Abuja, Dr. Ojukwu described the incident as “deeply disturbing and a direct assault on human dignity, the Constitution of the Federal Republic of Nigeria, and the rule of law.”

He stressed that no Nigerian should lose their life at the hands of those sworn to protect them, reiterating that every life matters and must be protected.

According to him, “the reported action of the officer involved is condemnable, unacceptable, and completely inconsistent with the principles of justice and a civilized society.”

The statement which was signed by Hajia Fatimah Agwai Mohammed, Director, Corporate Affairs and External Linkages, quoted Ojukwu to have expressed grave concern over the recurring incidents of excessive use of force by law enforcement officers and called on the Nigeria Police Force to take urgent and decisive steps to address the issue.

He specifically urged the police authorities to subject officers deployed on special duties to periodic mental and psychological evaluations to ensure they are fit to carry arms and engage with civilians responsibly.

Dr. Ojukwu further called for the immediate disciplinary action against ASP Nuhu Usman in line with extant laws and police regulations.

He also emphasized the need for the Nigeria Police Force to fully implement the recommendations of the Commission’s Panel on Police Brutality as a necessary step toward meaningful reform and prevention of future violations.
“The Commission demands immediate arrest and a transparent investigation into the incident, dismissal of the officer involved, and swift prosecution in accordance with the law.

We hereby call for adequate compensation and justice for the family of the victim,” he stated.

He warned that justice delayed only deepens public distrust in state institutions and undermines confidence in law enforcement.

The Executive Secretary assured that the NHRC will continue to monitor the case closely and will persist in its advocacy for accountability, justice, and the protection of the fundamental rights of all Nigerians.
“Nigeria must never normalize brutality. Justice must speak louder than silence,” he concluded.

 

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